Charity-run tree plantation and maintenance for environmental preservation qualifies as "charitable activity", making supplies GST-exempt under Notifi...
Drawings/designs supply and erection supervision fees from German contractor: designs non-taxable; supervision taxed as FTS/PE depending on six-month ...
Notification declares Barnala Improvement Trust an authority for purposes of clause (46A) of section 10 of the Income-tax Act, entitling specified income to tax exemption; operative effect is from assessment year 2024-25, conditional on continued status as a local authority under the Punjab Town Improvement Act, 1922 and carrying one or more purposes listed in sub-clause (a) of clause (46A). The notification is accompanied by a certification that retrospective effect (from the year of application) does not adversely affect any person.
Notification declares Barnala Improvement Trust an authority for purposes of clause (46A) of section 10 of the Income-tax Act, entitling specified income to tax exemption; operative effect is from assessment year 2024-25, conditional on continued status as a local authority under the Punjab Town Improvement Act, 1922 and carrying one or more purposes listed in sub-clause (a) of clause (46A). The notification is accompanied by a certification that retrospective effect (from the year of application) does not adversely affect any person.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
